Question

Stacy started with $40 In a savings account that earns 5% annually. How much interest will she get in one year? ​

Answer 1

$2

Explanation:

She procures 5% of $40 every year. To discover the amount she makes in 1 year, increase 5% and 40,40*5%.Convert 5% to a decimal by isolating by 100.5%/100=0.05 40*0.05=2